BOS Increases Interest Rates Again

by Carla Johnson, Investors Offshore.com

29 August 2006

Offshore Bank of Scotland International has announced that in response to market movements, has increased the rates available on its International Fixed Rate Account, which now pays up to 5.35% gross/AER, effective from 15 August 2006.

David Ogilvie, Head of Sales, Marketing and Products, Bank of Scotland International comments, “Our International Fixed Rate Account has consistently been a Moneyfacts ‘best buy’ over the past few months as we have reviewed rates in response to market sentiment and activity. Once again, with this increase, our 4 year and 5 year International Fixed Rate Account, both paying up to 5.35% gross/AER, feature in the Moneyfacts Best Buy table for Fixed Rate Accounts. We feel that this effectively demonstrates our aim to be as proactive as possible on behalf of our clients as we constantly review our rates so that we can offer real value for money.”

The International Fixed Rate Account offers terms of investment from six months through to five years, making it a flexible solution within a mixed financial portfolio covering short to long-term investments.

Bank of Scotland International offers a comprehensive range of banking and savings solutions worldwide from its offices in Jersey and Isle of Man. Bank of Scotland International provides financial support to expatriates, international clients and the UK, Isle of Man and Channel Island communities.

Bank of Scotland International also offers a specialist offshore mortgage service and an independent financial planning service.

The bank is part of the HBOS group, which enjoys a Standard & Poor’s long-term AA credit rating and Moody’s Aa2 long-term credit rating.

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